Sentences with phrase «owning joint life insurance»

There are many advantages to owning joint life insurance.
For example, you could still need additional life insurance coverage when you own a joint life insurance policy.

Not exact matches

Assets owned individually by a decedent at death that don't pass to another person by trust (i.e. revocable living trust), contract / beneficiary designation (i.e. life insurance, annuity or 401 (k)-RRB-, or operation of law (i.e. joint tenancy with right of survivorship) may be subject to probate if the applicable threshold is exceeded.
Tata AIA Life Insurance Company is a joint venture between Tata Sons Limited who owns the majority of the stake - holding in the company at 74 % and AIA Group Limited who have the remaining holding of 26 %.
Sure, they can buy their own policies, but we're talking joint life insurance — two people covered by one policy.
The three main ways you can buy a life insurance policy for your spouse: a joint life policy, a rider to your own policy, or individual policies.
Bajaj Allianz life insurance is a joint venture among Bajaj Finserv Ltd (previously a part of Bajaj vehicle limited) owned by means of the Bajaj group of India and Allianz SE, economic offerings organization.
It's possible for spouses to buy a joint life insurance policy that covers both, or each can obtain their own term policy.
DHFL Pramerica Life Insurance Company Ltd is a joint venture between Dewan Housing Finance Corporation Ltd (DHFL), one of the top private sector housing finance company in India and Prudential International Insurance Holdings, Ltd (PIIH), a fully owned subsidiary of US based Prudential Financial Inc..
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